Squirrel $PNUT has started to fluctuate downward after a wave of violent pullback from the last time, and it has been about ten days until today. Last night, the market's rebound finally did not lag behind.

Now there is a potential to form a large (V) shape, current price around 0.7, get on board directly, and make sure to leave a position for additional purchases, don't go all in right away. In the short term, we can see (1) above.

Last time when it dropped to 1, there was significant capital buying in, which led to a wave of violent pullback. What about this time?

The rebound at the bottom is in line with the market trend. 0.7 is our bottom-fishing position, rising to 1 is where some retail investors, the 'leeks', buy in on the trend, and then as we continue to pull up, we can see 1.4.